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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Tsai who wrote (19918)	8/8/2000 9:10:51 AM
From: Emile Vidrine	Read Replies (1) \| Respond to of 21342

The NPNT/VZ union will clearly be a DSL gorilla using WSTL equipment. From Yahoo: "NorthPoint Reports Second-Quarter Results Groundbreaking Deal With Verizon Establishes NorthPoint as New National DSL Leader TUESDAY, AUGUST 8, 2000 6:00:00 AM EST SAN FRANCISCO, Aug 8, 2000 /PRNewswire via COMTEX/ -- NorthPoint Communications NPNT today reported results for the quarter ended June 30, 2000, highlighted by continued strong revenue and digital subscriber line (DSL) subscriber growth. The company also announced today an unprecedented agreement with Verizon Communications VZ. The agreement combines Verizon's and NorthPoint's DSL wholesale businesses to create a new national DSL leader capable of delivering increased broadband services choice and innovation to American consumers and businesses. "Our deal with Verizon creates a new NorthPoint and a new national DSL leader combining the hard-charging spirit of a DSL pioneer with a new depth of resources enabling us to scale faster for the ever-growing broadband opportunity," said Liz Fetter, NorthPoint's president and CEO. "The fundamentals of the DSL business are only improving, and NorthPoint has significantly strengthened its position as a long-term competitor and innovator in this market."